Global Idiopathic Pulmonary Fibrosis Treatment Market to Reach USD 7,315.8 Million by 2033, Bolstered by Rising Geriatric Population

December 30, 2024 | Healthcare

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The latest report by IMARC Group, titled “Idiopathic Pulmonary Fibrosis Treatment Market Report by Drug Class (MAPK Inhibitors, Tyrosine Inhibitors, Autotaxin Inhibitors), End User (Hospitals, Long-term Care Facilities, and Others), and Region 2025-2033,” finds that the global idiopathic pulmonary fibrosis treatment market reached a value of USD 4,103.7 Million in 2024. Idiopathic pulmonary fibrosis (IPF) is an interstitial lung disease that causes scarring of the lungs, reducing their oxygen delivering capacity. The chronic lung disease is progressive and irreversible in nature as it continuously impacts the functioning of the lungs. It causes difficulty in breathing and does not provide sufficient oxygen to different body parts. IPF can be diagnosed through chest imaging studies, lung biopsies, pulmonary function tests, and antibody tests. Thetreatment includes nintedanib and pirfenidone-based drugs that aid in lung functioning and minimize the risk of acute respiratory deterioration. They are also offered along with oxygen therapy and palliative care, which improve the chances of recovery and provide comfort to the patient.

Global Idiopathic Pulmonary Fibrosis Treatment Market Trends:

The market is primarily driven by the rising geriatric population,which is susceptible tolung disorders. Aging is considered the greatest risk factor for the development of IPF. Moreover, the growing prevalence of fibrotic diseases, owing to changing lifestyles and heavy consumption of nicotine products like cigarettes is also propelling the demand for IPF treatment. Besides this, major healthcare companies are extensively investing in the development and commercialization of novel drugs, especially in emerging economies, which is fueling the growth of the market. The rising health consciousness among individuals regarding effective management strategies is also creating a positive outlook for the market. Furthermore, increasing healthcare expenditures and improving infrastructure arealso facilitating the market growth. Looking forward, the market value is expected to reach USD 7,315.8 Million by 2033, exhibiting a CAGR of 6.3% during the forecast period (2025-2033).

Market Summary:

Based on the drug class, the market has been segmented into MAPK, tyrosine, and autotaxin inhibitors.
On the basis of the end user, the market has been classified into hospitals, long-term care facilities and others.
Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has been examined, with some of the key players being AdAlta Limited, Angion Biomedica Corp., Boehringer Ingelheim International GmbH (C. H. Boehringer Sohn AG & Co. KG), Bristol-Myers Squibb Company, Cipla Inc., F. Hoffmann-La Roche AG (Roche Holding AG), Fibrogen Inc., Galapagos NV, Liminal BioSciences Inc., Medicinova Inc., Merck & Co. Inc., Novartis AG, and Vectura Group Plc.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Segment Coverage	Drug Class, End User, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	AdAlta Pty Ltd., Angion Biomedica Corp., Boehringer Ingelheim International GmbH (C. H. Boehringer Sohn AG & Co. KG), Bristol-Myers Squibb Company, Cipla Inc., F. Hoffmann-La Roche AG (Roche Holding AG), Fibrogen Inc., Galapagos NV, Liminal BioSciences Inc., Medicinova Inc., Merck & Co. Inc., Novartis AG and Vectura Group Plc
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Idiopathic Pulmonary Fibrosis Treatment Market to Reach USD 7,315.8 Million by 2033, Bolstered by Rising Geriatric Population

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